UK construction ‘exits tailspin’ but job losses persist as housebuilding slumps Economics The UK’s struggling construction sector showed signs it was turning a corner at the beginning of the year even as job losses and shrinking order books persisted. The latest construction Purchasing Manager’s Index (PMI) from S&P Global – which serves as a headline index tracking industry activity – edged up to 46.4, up from 40.1 [...]
London house prices ‘need’ to fall amid supply increase, housing minister says Property House prices “probably need” to fall in London, the housing minister has said, after insisting that the government’s 1.5m home building target could still be met. Matthew Pennycook said Labour wants to encourage developers to compete on volume in order to ramp up housing supply and make homes more affordable. There are “people in London [...]
London property market can be UK’s growth engine Opinion London's property market is showing green shoots of growth, but that doesn't mean we can stand still, writes Tom Goodall.
Labour talked big, but London housing starts are worst since WW2 January 13, 2026 Labour may have talked big on housing and planning reform, but the figures don't lie, writes Emma Revell.
City of London considers outside investment for housing projects December 9, 2025 The City of London is considering bringing in outside investors to help fund housing projects in the Square Mile. A partnership would be the first time the Square Mile has brought in outside investment for housing in the Corporation’s nearly 1000-year history. The Corporation, which manages 1,800 social rented homes as well as 900 leasehold [...]
Councils face exodus of planners in threat to housebuilding goals November 18, 2025 One in five UK planners intends to leave the field or retire by 2028, in another significant threat to the government’s housebuilding target, according to new data. Nearly two-thirds of planners said their teams lacked the capacity to meet demand, according to the Royal Town Planning Institute (RTPI). The RTPI has warned that the exodus [...]
Persimmon makes progress despite Budget uncertainty November 13, 2025 London-listed housebuilder Persimmon has made steady progress this year, despite a variety of macroeconomic headwinds. Forward sales have risen 15 per cent since July 1 to £2.79bn, with three-quarters of forward sales being private. Just over four-fifths of Persimmon’s expected private house deliveries have already been exchanged or completed, it said. “Progress has been achieved [...]
London house price growth to lag behind rest of UK until at least 2030 November 5, 2025 The capacity for house prices growing in London over the next five years is limited, according to property giant Savills, while Scottish and Northern prices are set to soar. By 2030, prices in the North West of England are expected to rise nearly a third to sit just 15 per cent below the UK average, [...]
‘Urgent and consistent’ policies needed to revive SME housebuilding November 4, 2025 The government must fix the ‘overly complex, costly, and slow’ operating environment for small and medium construction companies to unlock housebuilding, according to a new report. Delivery of new homes could be increased by up to 56 per cent – 100,000 properties a year – if barriers to building are removed, according to the State [...]
New 1,200-home neighbourhood unveiled in Elizabeth Line-linked Southall October 30, 2025 A new 1,200-home neighbourhood has been unveiled in Southall as the city continues to expand out along the Elizabeth line. Quarter Yards will deliver 1,273 new homes and over 105,000 sq ft of commercial space. Marcus Blake, managing director at one of the developers, St George, said he has seen “strong demand” for housing in [...]